John Brooks and Jean Caseault Confirm holdings of common shares of Imasight Corp.



    GATINEAU, QC, July 4 /CNW Telbec/ - Each of John Brooks and Jean Caseault
announce the acquisition of common shares of ImaSight Corp.(TSX-V: IAS)
(formerly Liponex Inc.) (the "Issuer") in connection with the Transaction (as
defined below).
    On June 24, 2008, pursuant to the terms of an acquisition agreement
between the Issuer, Liponex Acquisition Corp. ("Liponex Sub"), a subsidiary of
the Issuer, ImaSight Inc., and John Brooks, as shareholders representative,
the Issuer acquired all of the issued and outstanding securities of
ImaSight Inc. by way of an amalgamation between ImaSight Inc. and Liponex Sub
(the "Transaction").
    Effective as of June 24, 2008, Mr. Brooks acquired 1,633,937 common
shares of the Issuer (representing approximately 12% of the issued and
outstanding common shares of the Issuer), as a result of which Mr. Brooks now
holds 1,670,137 Issuer common shares, representing approximately 12.5% of the
issued and outstanding common shares of the Issuer. Mr. Brooks holds options
to purchase 12,375 common shares of the Issuer, representing 1.5% of the
outstanding options to purchase Issuer common shares. Mr. Brooks holds
warrants to purchase 35,457 common shares of the Issuer, representing
approximately 4.4% of the outstanding warrants to purchase Issuer common
shares. Immediately after the close of the Transaction, the securities of the
Issuer held by Mr. Brooks represents approximately 11.4% of the issued and
outstanding securities of the Issuer on a fully diluted basis.
    Effective as of June 24, 2008, Mr. Caseault acquired 2,151,807 common
shares of the Issuer, representing approximately 16% of the issued and
outstanding common shares of the Issuer, and representing approximately 14.3%
of the issued and outstanding securities of the Issuer on a fully diluted
basis, as of the closing of the Transaction. Mr. Caseault does not own any
other securities in the capital of the Issuer.
    Messrs. Brooks and Caseault acquired such common shares of the Issuer on
June 24, 2008, as part of the Transaction, which is a "Reverse Take Over" as
defined in TSX Venture Exchange Policy 5.2. Messrs. Brooks and Caseault may
acquire additional securities of the Issuer at any time and from time to time
in the open market or otherwise.

    The Exchange does not accept responsibility for the adequacy or accuracy
    of this Release.

    Messrs. Brooks and Caseault are issuing this press release pursuant to
National Instrument 62-103 - The Early Warning System and Related Take-Over
Bid and Insider Reporting Issues - and the applicable Canadian securities
legislation and will be filing the reports required thereunder.




For further information:

For further information: and to obtain copy of such reports, please
contact: John Brooks or Jean Caseault, (819) 777-7979

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IMASIGHT CORP.

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